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Asian equities rebounded after the previous week’s selloff, while Indian stock futures pointed to a higher open despite a slightly lower close in the prior Muhurat session. Brent futures were below $98 a barrel as markets assessed US-Iran negotiations and comments that further attacks were unlikely if talks progressed.
The prospect of reduced conflict risk can ease concerns about oil supply disruption and weigh on crude prices. Lower crude can reduce energy and freight cost pressure for feed buyers, although the move described here was modest.
business-standard.comSI ReporterNov 9, 2026After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
